The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1887-12-21

NEw YoRK, Dec. 2O.-A little after noon
to-day President Dexter, Of the Cincin-
natl, Hamilton & Dayton Railroad, was
served with summons at the instance OF
Henry s. Ives, who brings a suit against
Dexter, laying dsmsges at $1,000 for
false arrest. The suit grows cut Of the re.
cent criminal proceedings against him,
taken by Julius Dexter, who charged him
with grand larceny.
The warrant charged Ives with grand
!arcency in appropriattng to his own use
tho sum OF 100000 belonging to the Gin
ctnnati, Hamilton Il Dayton railroad. The
sum OF sSS0, 900 was required for certain
purpose, and all OF this passed through
lyea's hand and was rightly applied, ex.
cept the last sl00,000 On June 8 the
First National Bank OF Cincinnati made a
draft for this amount upon the Western
National Bank Of New York, and sent II
to Ives. The draft was indorsed BY As.
slatant Treasurer F. Fl. Short, of the Gin.
cinnati, Hamilton 4 Dayton railroad, and
payable to Henry s. Ives, trustee, to be
applied on tho stock purchase. .Iustead
Of paying this 100000 to G. R. Mckee,
President Of the Terre Haute & Indiansp.
oils railroad, as he was directed to do, Mr.,
Ives deposited the draft in the American
Exchange National Bank to tho credit OF
Henry :. Ives 4 Co., and thus diverted it
TO his own uac with the intention, ss was
alleged, Of defrauding the Cincinnati,
Hamilton e. Dayton railroad. Ives was
arrested and taken to the Tombs Police
court, New York, on this charge, where
the justice named S25OCO as the amount
Of bail required. The proper security was
given by his ais.er.
The csso against him amounted to moth
Ing, however, and on being heard, was
dismissed by the Court. Wheroupon
Ives has today brought suit against bis
sccuser as above noted. Z4a q
TIE "YouNa NApoLEoN's' CAREER.
Ives is only twenty. -four years old. He
began hin career in Wall street as an er-
rand boy in stock brokers' Office. His
first buainees transactions wero In unlisted
securlties Tor houses with which he had
acquaintance. From this beginning be
started on his own account. The firm OF
Henry y. Ives 4 Co. came into being in
the development of Ives audacious
echemes. He succeeded in buying CON
troll OF the Cincinnati, Hamilton & Day.
ton railroad. Following this great SUCCESS
was the buying or tie attempted pur.
chase Of other railroads, including the
Dayton & Irontop, the Chicago l. Michi.
gan, and the Terre Haute & indianapolis,
lyes became great man on the street,
but his greatness Was nipped while he
was young. There ie no record OF such a
youth as he fsiling for 60 largo an amount.
1917 700O.0 0OU and the wonder grows how
It could be that grave and reverend men
should have the confidence in him
which the disclosure OF his affairs
evidences. ta -
Ives is cool customer. Nothing seems
to disturb him. When, in tho course Of
the inquiry respecting his affairs papers
were served on him demanding that be
should produce certain missing books. ho
ezpreE9ed great wonder that they should
have disappeared go lnysteriously. OF
course they have never turned up, and OF
course they never will turn up. Ives has
q plausible address. His religion is said
to be the worship OF succees. There Ia no
trace OF regret Heen In him with regard to
his apparently questionable way Of doing
business. His personal habita sre ex.
travsssnt or the reverse according to the
company in whica ha finds himself and
the whim Of the moment. Ee is al home
everywhere.